Inflation United Kingdom 1964
Average inflation: 3.3%
Current Inflation
Inflation is high at 3.3%, well above the ECB target.
Peak and Trough
The highest inflation was in December at 4.8%. The lowest inflation was in February at 1.2%.
- Highest month
- December: 4.8%
- Lowest month
- February: 1.2%
- Difference
- 3.6 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food and non-alcoholic beverages with an average of 2.9%. The lowest price increase was in Food and non-alcoholic beverages with an average of 2.9%.
- Highest increase
- Food and non-alcoholic beverages: 2.9%
- Lowest increase
- Food and non-alcoholic beverages: 2.9%
Historical Context
Current inflation is 0.5% higher than the 5-year average of 2.8%.
- 5-year average
- 2.8%
- 10-year average
- 2.4%
- All-time high (1962)
- 4.2%
- All-time low (1959)
- 0.6%
Trend
Inflation has remained relatively stable. Compared to 1963, the difference is minimal (+1.3 percentage point).
- Change vs. previous year
- +1.3 percentage points
- Largest monthly swing
- August: +3.3 percentage points
ECB Target
Inflation is 1.3% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €103.30 next year at this inflation rate.
Multi-year trend
Monthly figures 1964
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1963 |
|---|---|---|
| January | 1.9% | -0.8 |
| February | 1.2% | -2.3 |
| March | 1.4% | -1.8 |
| April | 2.0% | -0.1 |
| May | 3.0% | +1.3 |
| June | 3.4% | +2.4 |
| July | 4.0% | +3.2 |
| August | 4.7% | +3.3 |
| September | 4.4% | +2.6 |
| October | 4.1% | +1.8 |
| November | 4.6% | +2.4 |
| December | 4.8% | +2.9 |
| Average | 3.3% |
Data source
Data from OECD. Last updated: 17/12/2025.